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PBoC Denies Claims It Will Launch Digital Currency in November
23.9.2019
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies
MicroBT Expects $400 Million Q3 Revenue From Bitcoin Miner Sales Despite Chip Holdup
23.9.2019
The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter
Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
22.9.2019
An Armenian IT company illegally used $150,000 worth of electricity to mine crypto from inside a hydroelectric plant
Alibaba and Tencent Refuse to Share Loan Data Information with Beijing
19.9.2019
As everyone knows, a credit system is something that almost all countries need to have, and it is a hugely important tool that helps in keeping the consumer credit market as strong as possible. To that end, the Chinese central bank launched a private credit score company named Baihang in 2018. That...
Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October
19.9.2019
Binance confirms plans to roll out its over-the-counter trading platform for Chinese yuan in October
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...
Looming Economic Slowdown Likely to Force FED to Cut Interest Rates
18.9.2019
Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...
Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments
18.9.2019
Bobby Lee, co-founder and ex-CEO of China's first crypto exchange BTCC, says the Chinese have always seen Bitcoin as an investment rather than as a payment system
Inner Mongolia to Shutter ‘Illegal’ Bitcoin Miners by October as China Cracks Down on Industry
17.9.2019
China’s Inner Mongolia autonomous region is carrying out an inspection to eliminate “illegal” bitcoin mining operations by October
Boeing Says China Will Need to Spend $2.9 Trillion on New Aircrafts and Services
17.9.2019
Boeing may be the biggest aircraft maker in the world, but in addition to that, the company remains one of the biggest authorities on the aviation sector as a whole. Hence, when the company releases its annual report regarding its outlook on the commercial aviation sector in China, it is supposed...
Binance Makes First Chinese Investment Since Leaving Country in 2017
17.9.2019
Binance makes its first strategic Chinese investment by participating in a $200 million funding round in crypto publication Mars Finance
Binance's First Strategic Investment in China + 11 More Crypto Briefs
17.9.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Major crypto exchange Binance has made its first strategic investment in China as it has joined a funding round...
Binance Makes Strategic Investment in Chinese Crypto Media Firm
17.9.2019
Cryptocurrency exchange Binance has made an undisclosed investment in Chinese media and data source Mars Finance
As Global Economy Weakens, Federal Reserve All Set for Stimulus Pump
16.9.2019
It has been clear for quite a while that the global economy has been weakening for the past few months, and there has been a lot of speculation regarding the possible solutions to the impending trouble. The trade war between the United States and China is definitely one of the reasons behind...
Crypto News From Asia: Sept. 9–15
16.9.2019
This week’s selected cryptocurrency and blockchain news from Japan and China, courtesy of Cointelegraph Japan
Report: Philippine Police Raid Alleged Cryptocurrency Scam, Arrest 277
16.9.2019
Philippine authorities have reportedly arrested 277 Chinese nationals that were working at an alleged cryptocurrency scam firm
At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
16.9.2019
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....
Chinese Authorities Plan Crackdown on Crypto Mining in Inner Mongolia
14.9.2019
Chinese regulators look to new regulation for crypto mining in Inner Mongolia
Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit
12.9.2019
The World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector.
The post PR: Bitmain’s Announces Highly...